Consumer banking
Consumer banking
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Naugatuck Savings in Connecticut is rebranding itself "Ion Bank" because it wants to expand into other markets. CEO Chuck Boulier warns others considering a name change that it takes a lot of time and expense.
August 15 -
Community banks need help. Bigger banks can provide them a lifeline. But it comes with a cost: the loss of bankers who understand the local community.
August 15 -
The Federal Reserve Board has terminated enforcement actions with Marquette Financial in Minneapolis and Bank of Virginia in Midlothian.
August 15 -
A court ruling that debit card fee caps be lowered could also enable merchants to play card networks against one another.
August 15 -
Royal Bancshares of Pennsylvania (RBPAA) in Narberth recorded a second-quarter loss that it attributed to the cost of settling two long-standing legal issues.
August 15 -
CommunityOne in Asheboro, N.C., went from the brink of failure to a model of recovery in a few years. But it took new management, private-equity money, an acquisition and an accounting ace in the hole to get it done.
August 15 -
Certegy Check Services Inc., one of the largest check authorization service companies, agreed to pay $3.5 million to settle charges that it violated the Fair Credit Reporting Act.
August 15 -
The Federal Reserve Board has unanimously approved acquisitions by Hana Financial Group in Seoul, Korea, and Live Oak Bancshares in Wilmington, N.C.
August 15 -
Foreclosure filings in July including default notices, auctions and bank repossessions climbed 2% from a 78-month low in June but were still 32% lower than a year ago, according to RealtyTrac.
August 15 -
Most policymakers agree that Fannie Mae and Freddie Mac should be unwound and replaced with a system more dependent on the private market, but cleaning up the failed government-sponsored enterprises will be a challenge unlike anything attempted before.
August 15 -
The latest municipal attempt to seize underwater mortgages by eminent domain is an abuse of this most awesome governmental power.
August 15 -
Capital One Financial Corp. reported delinquencies for its U.S. credit-card business increased in July from June, while its international credit cards delinquencies fell, according to a filing with the Securities and Exchange Commission.
August 15 -
1st Constitution Bancorp in Cranbury, N.J., has agreed to acquire Rumson-Fair Haven Bank and Trust Co. in Rumson, N.J.
August 15 -
Mercantile Bank announced a deal Thursday that would make it the third-largest bank based in Michigan.
August 15 -
A response to Bill Isaac's Aug. 13 post, "Why Payday Loans are Good for Millions of People."
August 15 -
U.S. Century in Florida, one of the largest undercapitalized banks in the U.S., is trying to sell a controlling interest to an investment group. But shareholders who have sued the bank favor another group's buyout offer, and they tried to get the judge to force the bank to reconsider.
August 14 -
Athene Holdings has agreed to increase the protections it offers annuity customers in order to secure a New York regulator's approval of its planned acquisition of the British insurer Aviva.
August 14 -
Benjamin Lawsky, who runs the New York Department of Financial Services, has become a top industry cop, taking on money launderers, payday lenders and even Bitcoin. In an interview, he discusses the need to break new ground while playing nice with federal regulators.
August 14 -
Eligible homebuyers can apply for a $15,000 grant to purchase Cleveland-area homes as part of Wells Fargo's CityLIFT(SM) program, the company announced Tuesday.
August 14 -
Florida regulators have fined the payments startup Square $507,000 for operating in the state without a money transmitter license.
August 14


